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Pocket Pivot Review - EEFT 10/23/15

Published:

23 Oct 2015 15:42 ET

ATM, point-of-sale, and card outsourcing service provider EEFT had a pocket pivot yesterday on a strong earnings report but was extended. Today it is pulling back on lower volume, a constructive sign. As members know, it is more advantageous to buy on weakness in this market environment where breakouts often back-and-fill before going higher. Earnings are accelerating, group rank 41.